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The Likely

The news, and what's likely next.

Prices and Jobs

Bureau of Labor Statistics reported August consumer prices rose 0.4 percent

The Bureau of Labor Statistics reported on September 11 that August consumer prices rose 0.4% from July, pushed by a 3.9% jump in gasoline prices.

Why it mattersFamilies face higher living costs as everyday consumer prices rose three point four percent over the past year.

How we got here

  1. Comments by Fed Governor Michael Barr and an S&P Global reading showing rising price pressures heightened expectations of another rate increase. CNBC
  2. BEA released August data showing headline PCE inflation rose 0.3% monthly, below the polled forecast. Usnews
  3. BLS scheduled publication of the September CPI report for 8:30 a.m. ET. Gov
  4. The Federal Reserve's scheduled two-day FOMC meeting began. Gov
  5. BLS scheduled publication of the October CPI report for 8:30 a.m. ET. Gov

What's likely next

  1. The Federal Reserve is scheduled to hold its two-day FOMC meeting.

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